* Monsanto Co says for 2017 assumes change in currency rates will have a relatively neutral effect on a full-year basis

* Monsanto Co - co, Bayer continue to work toward completion of transaction by end of calendar year 2017

* Monsanto Co - continues to see high grower demand for bollgard ii xtendflex cotton, which is now expected to exceed four million U.S. Acres in fiscal year 2017

* Monsanto Co - for full year, company now anticipates earnings to translate to high end of range of $1.2 billion to $1.6 billion of free cash flow

* Monsanto Co - 2017 gross profit for agricultural productivity segment still expected to be in range of $850 to $950 million, though now at lower end of range Source text for Eikon: Further company coverage: